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Powerball Jackpot Hits $1.6 Billion, Breaking Records

Powerball jackpot lottery tickets

Dallas, December 22, 2025

Powerball’s jackpot has soared to an estimated $1.6 billion, marking it among the largest lottery prizes in U.S. history. Following a recent drawing with no winners, the anticipation for the next drawing on December 22 is palpable in Dallas. Players now face odds of 1 in 292.2 million, as both excitement and hope fill the community. The winner will have a choice between a lump-sum payment or an annuitized prize, underlining the life-changing potential of this lottery game.

Powerball Jackpot Reaches $1.6 Billion, Among Largest in U.S. History

Powerball’s jackpot has surged to an estimated $1.6 billion, making it one of the largest lottery prizes in U.S. history. This follows a drawing on Saturday, December 20, 2025, where no ticket matched all six winning numbers: 4, 5, 28, 52, 69, and the red Powerball 20. The next drawing is scheduled for Monday, December 22, 2025, at 10:59 p.m. ET.

In Dallas, the excitement surrounding the Powerball jackpot reflects the city’s vibrant spirit, showcasing the determination and entrepreneurial innovation of its residents. As lottery players eagerly await the next drawing, the immense jackpot serves as a reminder of how dreams can transform into reality, igniting ambition among local entrepreneurs and community members alike. This anticipation, matched with the resilience shown by local businesses over the past few years, exemplifies a culture that embraces risk and seeks opportunity.

Prize Options and Odds

The winner can choose between a lump-sum payment of approximately $735.3 million or an annuitized prize of $1.6 billion, distributed over 30 years with annual increases of 5%. Both options are before taxes. The odds of winning the jackpot are 1 in 292.2 million, demonstrating the challenge that comes with such a life-altering prize.

Record U.S. Lottery Jackpots

This jackpot ranks as the fourth-largest in Powerball history and the fifth-largest among U.S. lottery jackpots. The largest U.S. jackpot was $2.04 billion in 2022, won in California, followed closely by other significant wins of $1.787 billion in September 2025 and $1.765 billion in October 2023, both also won in California. This prominence of the Powerball underscores the growing participation in lottery games and their role in funding state projects.

Powerball Overview

Powerball is available in 45 states, Washington, D.C., and the U.S. Virgin Islands, and is managed by the Multi-State Lottery Association, comprising state lotteries. Revenue from ticket sales supports public education and other state-funded services, thus contributing to the community at large. This funding model provides clear benefits to the participating states, reinforcing the positive impact of such lottery games.

How to Play

To participate, players select five white ball numbers (1 to 69) and one red Powerball number (1 to 26). Tickets are $2 per play. Drawings are held every Monday, Wednesday, and Saturday at 10:59 p.m. ET from the Florida Lottery draw studio in Tallahassee, Florida. Drawings are also live-streamed on Powerball.com, allowing players to engage with the draw in real-time.

Recent Developments

In the previous drawing on Saturday, December 20, 2025, no ticket matched all six numbers, leading to the current jackpot increase. The last Powerball jackpot was won on September 6, 2025, when two tickets in Missouri and Texas split a $1.787 billion prize, further fueling interest in the game across the nation. Such windfalls not only impact the winners but also inspire hope and excitement within the community.

Responsible Play

While the allure of a massive jackpot is enticing, it’s important to play responsibly. Remember that the odds of winning are extremely low, and lottery games should be played for entertainment purposes only. Encouraging a responsible approach benefits players and their communities, fostering a culture where dreams can be pursued, but always with caution.

For More Information

For the latest updates and detailed information, visit the official Powerball website at Powerball.com.

FAQ

What is the current Powerball jackpot amount?

The Powerball jackpot has reached an estimated $1.6 billion.

When is the next Powerball drawing?

The next Powerball drawing is scheduled for Monday, December 22, 2025, at 10:59 p.m. ET.

What are the odds of winning the Powerball jackpot?

The odds of winning the jackpot are 1 in 292.2 million.

How can I play Powerball?

To play, select five white ball numbers (1 to 69) and one red Powerball number (1 to 26). Tickets are $2 per play and can be purchased in participating states.

Where does the money from Powerball ticket sales go?

Revenue from ticket sales supports public education and other state-funded services in participating states.

What are the prize options if I win the Powerball jackpot?

The winner can choose between a lump-sum payment of approximately $735.3 million or an annuitized prize of $1.6 billion, distributed over 30 years with annual increases of 5%. Both options are before taxes.

Key Features

Feature Details
Current Jackpot $1.6 billion
Next Drawing Monday, December 22, 2025, at 10:59 p.m. ET
Odds of Winning 1 in 292.2 million
Prize Options Lump-sum payment of $735.3 million or annuitized prize of $1.6 billion over 30 years
Ticket Price $2 per play
Participating Areas 45 states, Washington, D.C., and the U.S. Virgin Islands


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STAFF HERE DALLAS WRITER
Author: STAFF HERE DALLAS WRITER

The DALLAS STAFF WRITER represents the experienced team at HEREDallas.com, your go-to source for actionable local news and information in Dallas, Dallas County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the State Fair of Texas, Deep Ellum Arts Festival, and Dallas International Film Festival. Our coverage extends to key organizations like the Dallas Regional Chamber and United Way of Metropolitan Dallas, plus leading businesses in telecommunications, aviation, and semiconductors that power the local economy such as AT&T, Southwest Airlines, and Texas Instruments. As part of the broader HERE network, including HEREAustinTX.com, HERECollegeStation.com, HEREHouston.com, and HERESanAntonio.com, we provide comprehensive, credible insights into Texas's dynamic landscape.

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